New Report: A $500 Lifeline: Pandemic Cash Grants Help Low-Income Americans Survive A Summer Of Uncertainty
Within a month of the COVID-19 pandemic shuttering American life, SaverLife sprang into action to provide critical one-time emergency grants of $500 or $1,000 to almost 5,000 families struggling to make ends meet in the face of overnight income disruption and rising expenses.
A comparison of SaverLife transactional data of cash grant recipients vs. non-recipients clearly demonstrates the effectiveness of these grants in stabilizing family finances during the early months of the pandemic. In addition to providing immediate financial relief, SaverLife found the grants had a stabilizing effect that lasted several months. The results are in: direct relief works.